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Prices Stable For High-Quality Farmland Today, Farm Credit Services of America (FCSAmerica), announced that farmland values in four of its key markets stabilized in 2017, a reflection of what it says is continued market demand for high-quality land. The announcement mirrors what the USDA reported in its 2017 Land Values Summary. In that report, cropland prices across the country remained unchanged from the previous year at an average value of 4,090 per acre. FCSAmerica reports that where prices “dropped at local or regional levels, sales generally involved lower quality land.” Keep Reading More News: Round One of Farm Bill Done? USDA Announces ...
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We have been approached about appraising a brine well. I know these don't sell that often, but looking to see if anyone has any sales data or income information they would be willing to share. We are more than happy to reimburse for any sales or data received. We will also share any new information we find.  Thanks! Mark Van Den Berg Certified General Appraiser Value Midwest (989)635-0086 markv@valuemidwest.com
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President Trump Addresses Farm Bureau Last week, President Trump spoke at the American Farm Bureau Federation (AFBF) annual convention in Nashville, TN. He is the first President to address the convention in 20 years. During his speech, President Trump focused on tax reform and deregulation and touched briefly on trade and the farm bill. As he discussed the farm bill, President Trump stated that he was looking forward to a strong bill, including crop insurance, being passed on time. The President called out Senate Agriculture Chairman Pat Roberts (R-KS) twice during his speech. Senator Roberts was in attendance and had accompanied the President on Air Force ...
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CAFO premium?

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​I had someone ask me if there was a premium value to a CAFO permitted farm vs a similar sized non CAFO permitted farm.  I think that there is, due to cost of permitting, hassle, and the possibility of future expansion, but I can't show it.  Does anybody have anything to show if a premium exists for having the permit.  I was thinking of a 700 cow dairy that sends its heifers elsewhere, vs a 700 cow dairy with heifer facilities nearby that has a CAFO permit.  Obviously, the one with the heifer facilities would be worth more because of the existence of the heifer barns, but would there be an additional premium for the CAFO itself.
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Working on fair market rent study. Looking for open farm land rents for properties that are irrigated with effluent water. Preferably in the San Joaquin Valley, Ca. Randy Merriman MAI Merriman Hurst and Associates Inc Bakersfield, Ca
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Highly Leveraged Farmers Could Face Distress Amid Volatility in Ag Industry, Pricing Farmers’ increasing use of credit to finance operations has left some operators financially exposed during a volatile period for the industry. In West Michigan and nationwide, farmers have turned to debt at a time of declining commodity prices and slumping farm incomes. When coupled with elevated real estate values that have leveled off after growing rapidly from 2009 to 2014, it’s a pairing that has some researchers recalling the factors that led up to the farm crisis of the 1980s. Read More More News: 2018 Could Bring Higher Prices for Farmers ...
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Investment Firms Find Value in Farmland Wall Street type investment firms have found out what most farmers have believed for years—farmland is a good long-term investment. More institutional-type investors are likely to enter the picture and buy land as many farmers, who would have vied for the property three or four years ago, are holding back and hanging onto their cash. So, what does this mean to the ag community? It depends on the firm and how its land purchases play out. Some of the investment firms buying land lease it back to the farmer so he can continue to operate. This is a standard practice for Indianapolis-based US Agriculture, according to Brian ...
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Why Farmland Values Won’t Budge There’s a moderately strong correlation between commodity prices and farmland values. If you’ve been frustrated that land values feel artificially high, you’re not alone. “Strong farmland values right now defy logic in a lot of ways,” says Steve Bruere, president of Iowa-based land brokerage firm Peoples Co. Some basic supply-and-demand principles do go at least partway in explaining current disparities, however. Bruere says Iowa had fewer than 150 farms up for sale as of November — less than two per county, on average. Read More More News: Three Eyes-In-The Sky Options For In-Season Scouting Rebound ...
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Working on a couple of well pad sites in NW Colorado and SW Wyoming.  Charged with trying to estimate a market rental rate for the surface use of the well pad site. Any leads would be greatly appreciated!
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Congress to Vote on Tax Cut Package Republicans have completed a conference process to iron out the differences between the House and Senate tax bills. House Ways and Means Chairman Brady released the conference report late last week. The House is set to vote on the package on Tuesday with the Senate to follow. The press is widely reporting that Republicans do have the votes to pass the bill in the Senate, a simple majority is required under special budget reconciliation rules. The Congressional Budget Office (CBO) estimates the bill will add $1.5 trillion to the deficit over 10 years. Explanatory Statement CBO Score   If you read the explanatory statement, ...
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lamb plant

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​I have an assignment for a small on farm commercial lamb processing facility, approximately 2,634 SF. It is assumed that it has a store section along with lamb processing and freezer storage. I am seeking sales of on farm or small site meat processing facilities.  My e-mail is: david.joos@compeer.com Cell Phone 1-608-290-1163.
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Glendale, CO - November 17, 2017 - The American Society of Farm Managers and Rural Appraisers® (ASFMRA®) announce the installation of their new District Vice Presidents for 2017-2018. New ASFMRA District Vice Presidents include Randall Kyles, ARA from Enterprise, AL; Paul T. Reisch, ARA from Watertown, SD and Mark J. Peterson, AFM, ARA, AAC from Clovis, CA. Full Text
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Glendale, CO - November 17, 2017 - The American Society of Farm Managers and Rural Appraisers® (ASFMRA®) announce the installation of their new president, David W. GaNun. GaNun, Accredited Rural Appraiser (ARA) is the Senior State Certified General Appraiser for Farm Credit East in Lebanon, New Jersey. Full Text
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Glendale, CO – November 17, 2017 – The American Society of Farm Managers and Rural Appraisers® (ASFMRA®) recently recognized long-standing members at their Annual Conference in Savannah, Georgia. Full Text
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Glendale, CO - November 17, 2017 – The American Society of Farm Managers and Rural Appraisers® (ASFMRA®) recognized Kirk D. Weih, AFM with the 2017 D. Howard Doane Award during the 2017 ASFMRA Annual Conference in Savannah, Georgia held November 13 – 17, 2017. Full Text
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Glendale, CO – November 17, 2017 – The American Society of Farm Managers and Rural Appraisers® (ASFMRA®) recently awarded designations at their Annual Conference, including the Accredited Farm Manager (AFM) designation, the Accredited Rural Appraiser (ARA) and the Real Property Review Appraiser (RPRA) designation. Full Text
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Glendale, CO - November 17, 2017 - The American Society of Farm Managers and Rural Appraisers® (ASFMRA®) announced honorees at the 2017 ASFMRA Annual Conference in Savannah, GA held November 13 - 17, 2017.  Full Text
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Glendale - CO, November 17, 2017 – More than 500 rural property land experts attended the 88th American Society of Farm Managers and Rural Appraisers® (ASFMRA®) Annual Conference, held Nov. 13 - 17, 2017 in Savannah, Georgia. Full Text
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ASFMRA and 21 Other Organizations Respond to Waiver of Appraisals Request TriStar, a Tennessee Community Bank, submitted a request to the Appraisal Subcommittee (ASC) for a temporary waiver of appraisal for 2018. The waiver would apply to all property types. The request is based on a reported shortage of appraisers resulting in increased fees and reduced turn times on appraisals. See the TriStar Letter . ASFMRA in conjunction with 21 other professional appraisal organizations signed a letter urging the ASC to gather market participant information as well as to be transparent in regards to the waiver request. The letter notes that TriStar’s request included ...
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Senate Passes Tax Cut Bill, Conference Committee to Iron Out Differences Last week the Senate passed its version of the tax cut plan on a party-line vote (51 -49). The only Republican Senator to vote against the package was Senator Corker (R-TN). Senate passage follows the House approval of its version in November and sets up a conference committee process to iron out the differences between the two versions. While there are a host of differences between the two bills, none of them are insurmountable. Republicans hope to have a final package to President Trump before Christmas. More News: Be Prepared For the ‘Winter’ of The Farm Economy Do ...
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